– Japan’s Ministry of Economy, Trade and Industry is working towards boosting domestic investments, targeting new businesses, especially those in crypto.
– A bill has been approved to facilitate this, amending key acts including the Act on Investment LP Agreements.
– Limited partnership firms are now permitted to acquire and hold cryptocurrencies, and in return will get a share of the ventures’ profits.
– This action increases the likelihood of a surge in crypto and blockchain startups coming from Japan, showing the nation’s support for Web3 tech.

Japan Invites Limited Partnerships to the Crypto Party

Adding a Dash of Crypto to Investment Potluck

Sakura Blossoms and Blockchain Startups – Japan’s New Spring?

In today’s spicy news, Japan has officially decided to invite limited partnership firms to their groovy crypto-bash. Tapping their sandals to the rhythm of the blockchain beats, they’re letting LP firms acquire, hold on to, and even bust a move with Bitcoins and their counterparts. In exchange for gate-crashing this party, these firms will share a piece of their profit cake with these ventures. Looks like Japan is hell-bent on seeing more crypto and blockchain-born startups sprinkling out from its innovation oven. So, keep your eyes peeled for some groundbreaking blockchains belting out from the land of the rising sun. And frankly, who can blame them for catching the crypto-fever? After all, ain’t no party like a crypto party — decentralized, encrypted, and sure to keep you up all night! #JapanBlockchainBash #CryptoPartyOriginal article: https://cointelegraph.com/news/japan-web3-investments-partnership